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Swiss National Bank still ready to intervene in forex market, says it's no currency manipulator - REUTERS
ZURICH, March 20 (Reuters) - The Swiss National Bank will continue to use foreign currency market interventions if necessary, Chairman Martin Schlegel said on Thursday, adding the central bank was not a currency manipulator.
The SNB had not used currency interventions to gain a competitive advantage for the Swiss economy in the past and would use the tool again if needed to steer monetary policy, Schlegel told a press conference after the SNB's latest interest rates decision.
